25.09 % to Target, Jefferies Reconfirms ‘”Hold”’ Rating on Dorman Products (NASDAQ:DORM) Shares Today

September 17, 2017 - By Marguerite Chambers

 25.09 % to Target, Jefferies Reconfirms ‘

Investors sentiment increased to 1.03 in Q4 2016. Its up 0.09, from 0.94 in 2016Q3. It improved, as 11 investors sold Dorman Products Inc. shares while 81 reduced holdings. 31 funds opened positions while 64 raised stakes. 25.47 million shares or 1.13% less from 25.76 million shares in 2016Q3 were reported.

Regions Finance reported 8,938 shares. Invesco Limited holds 183,001 shares. Personal Advisors Corp stated it has 250,940 shares or 0.55% of all its holdings. Voya Inv Ltd Llc accumulated 10,815 shares. Wealthtrust reported 0.01% of its portfolio in Dorman Products Inc. (NASDAQ:DORM). Gotham Asset Ltd Liability Corp holds 3,848 shares or 0% of its portfolio. Jpmorgan Chase And accumulated 81,677 shares. Tiverton Asset Mngmt Lc has 294,581 shares. Tcw Group Inc Inc invested 0.01% of its portfolio in Dorman Products Inc. (NASDAQ:DORM). Johnson Fin Inc holds 0.01% or 535 shares. Congress Asset Mgmt Ma has invested 1.32% of its portfolio in Dorman Products Inc. (NASDAQ:DORM). Pnc Fincl invested in 0.08% or 956,009 shares. 39,207 were reported by Rhumbline Advisers. Horizon Kinetics Ltd holds 32,789 shares or 0.08% of its portfolio. Mai Cap Mgmt stated it has 15,608 shares.

Since May 5, 2017, it had 0 insider buys, and 1 sale for $627,941 activity. LEDERER PAUL R sold 7,593 shares worth $627,941.

Dorman Products (NASDAQ:DORM) Rating Reaffirmed

Jefferies now has a $85.0 PT on shares of Dorman Products (NASDAQ:DORM). The PT means a potential upside of 25.09 % from the current stock price of Dorman Products (NASDAQ:DORM). This rating was released in analysts report on 11 September.

Investors sentiment increased to 1.03 in Q4 2016. Its up 0.09, from 0.94 in 2016Q3. It improved, as 11 investors sold Dorman Products Inc. shares while 81 reduced holdings. 31 funds opened positions while 64 raised stakes. 25.47 million shares or 1.13% less from 25.76 million shares in 2016Q3 were reported.

Regions Finance reported 8,938 shares. Invesco Limited holds 183,001 shares. Personal Advisors Corp stated it has 250,940 shares or 0.55% of all its holdings. Voya Inv Ltd Llc accumulated 10,815 shares. Wealthtrust reported 0.01% of its portfolio in Dorman Products Inc. (NASDAQ:DORM). Gotham Asset Ltd Liability Corp holds 3,848 shares or 0% of its portfolio. Jpmorgan Chase And accumulated 81,677 shares. Tiverton Asset Mngmt Lc has 294,581 shares. Tcw Group Inc Inc invested 0.01% of its portfolio in Dorman Products Inc. (NASDAQ:DORM). Johnson Fin Inc holds 0.01% or 535 shares. Congress Asset Mgmt Ma has invested 1.32% of its portfolio in Dorman Products Inc. (NASDAQ:DORM). Pnc Fincl invested in 0.08% or 956,009 shares. 39,207 were reported by Rhumbline Advisers. Horizon Kinetics Ltd holds 32,789 shares or 0.08% of its portfolio. Mai Cap Mgmt stated it has 15,608 shares.

Since May 5, 2017, it had 0 insider buys, and 1 sale for $627,941 activity. LEDERER PAUL R sold 7,593 shares worth $627,941.

Dorman Products Inc. (NASDAQ:DORM) Ratings Coverage

Among 7 analysts covering Dorman Products (NASDAQ:DORM), 2 have Buy rating, 0 Sell and 5 Hold. Therefore 29% are positive. Dorman Products has $8500 highest and $44 lowest target. $69.67’s average target is 2.53% above currents $67.95 stock price. Dorman Products had 12 analyst reports since October 14, 2015 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Thursday, July 6. The stock has “Hold” rating by BB&T Capital on Thursday, October 15. Sidoti initiated the stock with “Buy” rating in Wednesday, December 23 report. The stock of Dorman Products Inc. (NASDAQ:DORM) has “Hold” rating given on Wednesday, July 27 by Jefferies. The rating was upgraded by B. Riley & Co on Thursday, February 18 to “Neutral”. The firm has “Outperform” rating by Barrington Research given on Wednesday, October 14. The company was maintained on Thursday, October 29 by FBR Capital. Jefferies initiated Dorman Products Inc. (NASDAQ:DORM) on Tuesday, October 20 with “Hold” rating. On Thursday, February 23 the stock rating was downgraded by FBR Capital to “Mkt Perform”. The company was maintained on Monday, September 11 by Jefferies.

The stock decreased 0.66% or $0.45 on September 15, reaching $67.95. About 230,932 shares traded or 22.26% up from the average. Dorman Products Inc. (NASDAQ:DORM) has risen 57.51% since September 17, 2016 and is uptrending. It has outperformed by 40.81% the S&P500.

Analysts expect Dorman Products Inc. (NASDAQ:DORM) to report $0.88 EPS on October, 23.They anticipate $0.11 EPS change or 14.29 % from last quarter’s $0.77 EPS. DORM’s profit would be $30.05 million giving it 19.30 P/E if the $0.88 EPS is correct. After having $0.83 EPS previously, Dorman Products Inc.’s analysts see 6.02 % EPS growth.

Dorman Products, Inc. is a supplier of replacement parts and fasteners for passenger cars, light trucks and heavy duty trucks in the automotive aftermarket. The company has market cap of $2.32 billion. As of December 31, 2016, the Company distributed and marketed approximately 155,000 different stock keeping units of automotive replacement parts and fasteners. It has a 20.72 P/E ratio. As of December 31, 2016, approximately 83% of its products were sold under brands that it owned and the remainder of its products were sold for resale under customers’ private labels, other brands or in bulk.

More notable recent Dorman Products Inc. (NASDAQ:DORM) news were published by: Fool.com which released: “Dorman Products Finishes 2016 Strong” on February 22, 2017, also Seekingalpha.com with their article: “Dorman Products -5% as Spruce Point calls a Strong Sell” published on August 16, 2017, Fool.com published: “Dorman Products Churns Out Steady Growth” on August 02, 2017. More interesting news about Dorman Products Inc. (NASDAQ:DORM) were released by: Globenewswire.com and their article: “Dorman Products, Inc. Announces Date to Report Sales and Earnings for the …” published on July 18, 2017 as well as Globenewswire.com‘s news article titled: “Dorman Products, Inc. Reports Sales and Earnings for the Second Quarter Ended …” with publication date: August 01, 2017.

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